Copyright © Philip M. Parker, INSEAD. Terms of Use.
| Domain | Definition |
Economics | An indemnity letter in which the bank commits itself to pay a certain sum if a third party fails to perform or if any other form of default occurs. One use is when a bank wants a carrier to release a shipment which it has financed but the original bills of lading are not yet available for surrender to the carrier. (references) |
Shipping | Guarantee issued by a bank to a carrier to be used in lieu of lost or misplaced original negotiable bill of lading. (references) |
Source: compiled by the editor from various references; see credits. | |
| Subject | Topic | Quote |
Business | Federal tenders are required to be accompanied by a bid bond in the form of an unconditional bank guarantee for five percent of the value of the bid. (references) | |
The safest method of receiving payment for a foreign export is through an irrevocable letter of credit (L/C). Banks in Poland require the importer to deposit funds prior to issuance of a L/C. Most difficulties in obtaining a foreign bank guarantee on a Polish L/C seem to stem from considerations of Poland's overall debt performance. (references) | ||
The bidder must have its own copy of the invitation to bid, available at a modest cost from PB/Taipei or DPD/Washington, D.C., to tender a bid. A bid bond of three percent of the total bid value in the form of cash, bank, draft, certified check, bank guarantee, or letter of credit is required at the time of submission and will be refunded if the bid is unsuccessful. (references) | ||
Civil Liberties | Seychelles | The license fees for a private radio or television station were $151,200 (SR 800,000) per year, while newspaper publishing licenses are $760 (SR 4,000) plus a bank guarantee of $19,000 (SR 100,000). The high fees were a deterrent to the establishment of private radio and television stations. (references) |
Economic History | Oman | A temporary deposit in the form of a bank guarantee for 2 percent of value the tender is required. (references) |
Switzerland | Foreign firms may be required to provide a Swiss bank guarantee if they have no local office or representation. (references) | |
Trade | Nepal | The industry must also submit a bank guarantee sufficient to cover applicable duties. (references) |
Uae | However, a payment of a deposit or submission of a bank guarantee in lieu of duty is required by customs. (references) | |
Uae | In these cases, the deposit or bank guarantee will be refunded/released by the local custom authority on proof of re-export. (references) | |
Source: compiled by the editor from ICON Group International, Inc.; see credits. | ||
Expression using "BANK GUARANTEE": bank guarantee for a bill. Additional references. | |
| Source: compiled by the editor from various references; see credits. |
| The following statistics estimate the number of searches per day across the major English-language search engines as identified by various trade publications. Hyperlinks lead to commercial use of the expression at Amazon.com. |
| Language | Translations for "BANK GUARANTEE"; alternative meanings/domain in parentheses. | |
Swedish | bankgaranti (collateral, collateral investment). (various references) | |
| Source: compiled by the editor from various translation references. | ||
Scrabble® Enable2K-Verified Anagrams | |
| Words within the letters "a-a-a-b-e-e-g-k-n-n-r-t-u" | |
-4 letters: guarantee. | |
-5 letters: abnegate, arbutean, banneret, brakeage, breakage, runagate, rutabaga, unbeaten. | |
| Source: compiled by the editor from various references; see credits. SCRABBLE® is a registered trademark. All intellectual property rights in and to the game are owned in the U.S.A and Canada by Hasbro Inc., and throughout the rest of the world by J.W. Spear & Sons Limited of Maidenhead, Berkshire, England, a subsidiary of Mattel Inc. Mattel and Spear are not affiliated with Hasbro. | |
Hexadecimal (or equivalents, 770AD-1900s) (references)42 41 4E 4B 47 55 41 52 41 4E 54 45 45 |
| Leonardo da Vinci (1452-1519; backwards) (references)
|
Binary Code (1918-1938, probably earlier) (references)01000010 01000001 01001110 01001011 00100000 01000111 01010101 01000001 01010010 01000001 01001110 01010100 01000101 01000101 |
HTML Code (1990) (references)B A N K   G U A R A N T E E |
ISO 10646 (1991-1993) (references)0042 0041 004E 004B 0047 0055 0041 0052 0041 004E 0054 0045 0045 |
Encryption (beginner's substitution cypher): (references)363548452415535523548543939 |
| 1. Quotations: Non-fiction 2. Expressions 3. Expressions: Internet 4. Translations: Modern | 5. Anagrams 6. Orthography 7. Bibliography |
Copyright © Philip M. Parker, INSEAD. Terms of Use.
